The move comes a year after the central bank suspended yuan trading. The finance ministry said it is allocating the equivalent of about $800mn for FX trades.
January 13, 2023RUSI’s Tom Keatinge discusses the continuing focus on fraud and scams in Asia, and work underway on asset recovery, sanctions, and environmental crime.
January 12, 2023Six officers and board members of Qods Aviation Industries were designated over the use of Iranian drones by Russia to attack Ukrainian civilian infrastructure.
January 10, 2023The export controls are aimed at preventing Taiwan's high-tech products from being used for military purposes.
January 9, 2023The SEC may be concerned about a possible co-mingling of funds between Binance's US and global entities to fund the acquisition.
January 8, 2023With the UNSC's sanctions role effectively neutered, new sanctions coalitions and international harmony are needed to blunt North Korea's nuclear ambitions and ensure global security.
January 6, 2023The settlement includes a $50mn penalty and a commitment by Coinbase to invest a further $50mn in its compliance programme over the next two years.
January 5, 2023Gold-backed DFAs "may be a great alternative to investments amid de-dollarisation", said Sber's first deputy chairman, Alexander Vedyakhin.
January 5, 2023Many of the new questions in the SFC's updated BRMQ focus on AML/CFT practices and brokerage business controls.
December 30, 2022Russia and Iran are investing an estimated USD 25 billion in the new 3,000 km trade route. The existing route is 14,000 km long.
December 29, 2022